Under a New Jersey Economic Development Authority's plan, Lehman would relocate 400 jobs from New York City and create an additional 100 new jobs in exchange for the tax break. The 500 jobs would increase Lehman employees working in New Jersey to 2,200, according to the New York Sun.
However, no luck for out-of-work bankers -- unless they happen to have a computer science degree or certification -- as the jobs are apparently information technology positions that will relocate from New York City to Jersey City, according to The Newark Star-Ledger.
Despite the possible 100 new jobs, more layoffs at Lehman are expected. Lehman already has laid off more than 5,000 people since mid-2007.
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The state of New Jersey is offering troubled Lehman Brothers Inc. a break -- a $19.6 million break in taxes to be exact. 
